Clearfield (NASDAQ:CLFD) reported its Q1 earnings results on Thursday, January 27, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Clearfield beat estimated earnings by 70.45%, reporting an EPS of $0.75 versus an estimate of $0.44, which surprised analysts.
Revenue was up $24.02 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.14, which was followed by a 3.78% increase in the share price the next day.
Here's a look at Clearfield's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.39 | 0.30 | 0.17 | 0.13 |
| EPS Actual | 0.53 | 0.44 | 0.27 | 0.23 |
| Revenue Estimate | 38.25M | 32.10M | 25.80M | 24.75M |
| Revenue Actual | 45.24M | 38.73M | 29.69M | 27.09M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
